Examlex

Solved

Psychobabble Is Defined As

question 104

Multiple Choice

Psychobabble is defined as:

Grasp the concept of employment stability policies and their impact on labor management.
Know the objectives of human resource strategies in effectively utilizing labor and designing jobs.
Differentiate between job enlargement and job enrichment in terms of responsibilities and outcomes.
Understand how maintaining a stable workforce affects wage policies in comparison to demand-driven employment.

Definitions:

Net Change

The difference between the closing value of a financial instrument on a given day and its closing value on the preceding day.

Stock Market

A collection of markets and exchanges where the buying, selling, and issuance of shares of publicly-held companies take place.

Self-Control Problems

Refers to the difficulty people have in sticking with earlier plans and avoiding suboptimal decisions when finally confronted with a particular decision-making situation. A manifestation of time inconsistency and potentially avoidable by using precommitments.

Time Inconsistency

The tendency of people to change their plans about future actions due to a preference for immediate gratification over future reward.

Related Questions